SentinelOne Earnings Beat, Annual Recurring Revenue Light
Posted on AllSides May 30th, 2024
From The Right
SentinelOne (S) on Thursday reported a smaller-than-expected first-quarter loss while revenue topped Wall Street estimates amid lowered expectations. The cybersecurity firm missed on a key metric for SentinelOne stock, sending shares down. The company reported April quarter earnings after the market close. SentinelOne recorded an adjusted loss of 1 cent a share versus a 15-cent loss a year earlier. Also, SentinelOne posted revenue of $186.4 million, up 40%. Further, SentinelOne stock analysts expected the Mountain View, Calif.-based company to report revenue of $181.1 million and a loss of 5 cents...
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